Summary
This Form 6-K filing by CRH Public Limited Company (CRH) on June 17, 2014, reports on transactions by individuals discharging managerial responsibilities (PDMRs) within the company. The primary focus is on the conditional award of ordinary shares under the 2014 Performance Share Plan to several key executives, including Maeve Carton, Albert Manifold, Mark S. Towe, Neil Colgan, and Jack Golden. These awards are designed as incentives and will typically vest five years from the grant date, with no cost to the recipient at the time of the award. The filing details the maximum number of shares potentially awarded to each individual and their existing shareholdings or options under various share schemes. This type of disclosure is standard for publicly traded companies and provides transparency regarding executive compensation and equity participation.
Key Highlights
- 1Notification of conditional share awards granted to CRH Public Limited Company's Persons Discharging Managerial Responsibility (PDMRs).
- 2Key executives receiving awards include Maeve Carton, Albert Manifold, Mark S. Towe, Neil Colgan, and Jack Golden.
- 3Awards are made under the 2014 Performance Share Plan.
- 4Shares granted conditionally and are expected to vest five years from the grant date (June 16, 2014).
- 5Recipients received these awards at no cost ('Nil' total amount paid).
- 6The filing details the maximum number of ordinary shares awarded to each PDMR, as well as their total holdings under share option schemes and conditional awards.
- 7The report is filed in accordance with Irish Market Abuse Rules and Irish Stock Exchange Listing Rule 6.10.